Key Benefits of the MOOWR Scheme
At IGF EXPRESS, we’ve seen companies across various industries benefit immensely from MOOWR. Here are some of the standout advantages:
Deferred Duty Payment
Import duties on raw materials, capital goods, and components are not payable until the goods are removed for domestic consumption, freeing up critical working capital.
Zero Duty on Re-Exports
If the finished goods or raw materials are re-exported, no customs duty is applicable, making exports more competitive.
No Export Obligation
Unlike other export schemes like SEZ or EPCG, MOOWR does not require any minimum export commitment. Manufacturers serving the domestic market can also benefit.
100% FDI Eligible
The scheme is open to both Indian and foreign investors, providing flexibility and ease for multinational companies operating in India.
No Geographical Restriction
The bonded warehouse under MOOWR can be set up anywhere in India, unlike SEZs or EOUs which have specific location requirements.
Simplified Compliance
Monthly returns, electronic record keeping, and digital processing make MOOWR a relatively low-compliance regime compared to traditional customs processes.